Caught in this empty core, no one is really satisfied, including Network, which is unable to earn normal profits
because of these periodic "price wars" it is forced to fight.
It is also to say that if the potential for monopoly market positions were totally wiped out by (perfectly) efficient antitrust prosecution, the dynamism of the economy could be undercut simply because investors would then be left with investment opportunities that yield normal profits
or less, with their actual average profits earned across an array of investments being less than the much heralded minimum normal profits
At the same time, competition among potential franchisees for the franchise will ensure that no more than a normal profit
need be offered in the terms of the contract.
And finally, normal profit
(listen closely, little bookkeepers) is an opportunity cost for capital and enterprise, two of the four categories of inputs used in any and all products.
Inasmuch as such intangibles normally are not licensed to unrelated parties, comparables are not available, and it is inadequate to have reference to royalty rates, which often arise in respect of normal profit
A spokesman for Mishcon de Reya said their fees were mainly for legal work on behalf of the fund and were not profits - adding that the firm had given a 20 per cent discount "which is equivalent to its normal profit
Prior to firm 1's reduction in price, the industry is in Bertrand equilibrium, with each firm charging its profit-maximizing price given the other firm's price, and both firms earn at least a normal profit
These costs--for renting temporary office space, replacing inventory, using different suppliers or outsourcing certain tasks--reduce the entity's normal profit
Rembrandt specialty products such as our Sensitive and Natural Toothpaste formulas, Rembrandt Mouth Rinse, Rembrandt Denture Products and Rembrandt Breath Freshner should be merchandised to enable stores to benefit from their above normal profit
The welfare break-even pricing employs an inverse elasticity rule to ensure the firm earns a normal profit
The regulator said BSkyB's margin between the wholesale price it charges distributors and the retail price paid by its own subscribers may not be wide enough to allow a normal profit
to be made by a third-party distributor.
Profits can be interpreted in different ways depending on the type of profit being analyzed - normal profit
, supernormal profit, rents, or windfall profit.
For the 12 months the chain registered what it calls normal profit
levels, as earnings rose to $6.
There is the honored tradition in mass merchandising of the "Loss Leader" and the principle is to use something attractive to get people into the store so they may be tempted to buy something else on which there's a normal profit
The size of the price cut is surprising because the normal profit
margin on a car expected by motor dealers is only about three-four per cent.